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S3 Capital Lends on Multi-Phase Allenhurst Residential Project

S3 Capital originated a $49-million construction loan to finance the development of a new residential community in Allenhurst, a costal enclave in Monmouth County, NJ. The project will include 28 luxu

Summary

S3 Capital originated a $49-million construction loan to finance the development of a new residential community in Allenhurst, a costal enclave in Monmouth County, NJ.

The project will include 28 luxury townhomes and a 23-unit fully affordable apartment building, representing the first two phases of a multi-phase residential development.

The project is being developed by...

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